Answer:
option (c) $167,597.77
Explanation:
Data provided in the question:
Monthly mortgage payment = $900
Duration of loan, n = 30 years = 360 months
Interest rate = 5%
Monthly rate of interest = 5% ÷ 12 = 0.4167% = 0.004167
Now,
Mortgage loan can he afford
= Monthly mortgage payment × [ (1 - ((1 + r)ⁿ)⁻¹ ) ÷ r ]
= $900 × [ (1 - ((1 + 0.004167)³⁶⁰)⁻¹ ) ÷ 0.05 ]
= $167,597.77
Hence,
The answer is option (c) $167,597.77
Answer:
Evaluate Motor Status
Explanation:
In the first 24 hours the response of his body will be checked and that is called motor status.
This is through nervous system response to the connected medical devices.
As there is brain attack and our brain is solely responsible for any action in the body, it will be important to know whether it is working and responding properly or not.
This will ensure that the brain is not critically damaged.
There are various things that could be bought or sold by an auction such as Collectibles and art, antiques, real estate sporting goods etc.
There are several ways to conduct an auction, but the first-price auction and second-price sealed-bid auctions are the most common. In first-price auctions, the person whose bid is highest than the base offer will win the auction. The highest bidder in a sealed-bid auction with a second price pays for the second-highest bid. If there are several bidders on a piece of real estate, for instance, the property will go to the highest bidder, but in this situation, the highest bidder will only have to pay the price of the second-highest bid.
The cost-benefit analysis indicates that auctions will aid in the sale of the rare products at a price over its minimum worth, based on the cost-benefit analysis. The best profit will therefore be made in this situation, but the consumer surplus is still positive.
Learn more about auction here:
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Answer:
so childhood, is when your learning everything, up to the point where your're an adult, so basically, you're learning, to eat, walk, speak, and basically the important stuff, and an adult is always busy, no matter what, they are always busy, in some way, and don't have much time to make friends like kids do
Answer: 4%
Explanation:
From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.
Based on the above scenario, the percentage rate of return on plan assets goes thus:
Opening balance of plan assets 1200
Add:- Actual return = 48
Add:- contributions = 32
Less :- retiree benefits = -28
Closing balance of plan assets = 1252
It should be noted that the actual return is the balancing figure which is calculated as:
= 1252 + 28 - 1200 - 32
= 48
The percentage rate of return on plan assets will now be:
= 48/1200
=0.04
= 4%
